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Final Paper 1

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Running Head: FINAL PAPER 1 Final Paper Student Name Course Name Instructor’s Name Date 2 FINAL PAPER Final Paper Walmart is a company that was established by Sam Walton in 1950 in Bentonville, Arkansas. Walmart Inc. has developed over the years in becoming a multinational company in the United States and its mostly termed as the poster child of globalization. Globalization has been one of the major challenges that has impacted Walmart in all levels of its expansion and change. In its forty years of operation, Walmart has been hugely impacted by the forces of globalization which have influenced its corporate culture, philosophies, values, vision and management practices. Globalization brought about economic liberalization, advances in transportation, technology, supply chain and logistics which created a great challenge to the traditional bricks and mortar Retail Company. In this paper, we will be discussing the challenge of globalization on Walmart as a traditional brick and mortar Retail Company and the strategies of overcoming this challenge. Walmart is currently the leading retailer in the World due to its cost leadership strategy. Walmart’s corporate mission since inception has been to save people money so that they can live better which is a mission statement that reflects the ideals of the organization’s founder, Sam Walton. All organizational decisions over the years have been grounded on this mission statement that was initiated by its founding father. Th ...
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